Is Verizon Stock a Buy?
Verizon Communications (NYSE: VZ) is having an excellent 2021. Its second-quarter revenue grew an impressive 10.9% year over year, but given the pandemic's negative impact last year, an increase is to be expected. What's notable is that Verizon also beat 2019's second quarter by 5.3%, despite the continuing effects of COVID-19.
Even so, the performance did little for the stock price, which had reached a 52-week high of $61.95 last December, but currently trades around $55 per share. Does this create a buy opportunity, or is there a reason for concern amid the strong second-quarter results?
Image source: Getty Images
Source Fool.com
